Company Registration No. 04195808 (England and Wales)
Carole Spiers Group Ltd
Unaudited accounts
for the year ended 31 March 2025
Carole Spiers Group Ltd
Unaudited accounts
Contents
Carole Spiers Group Ltd
Company Information
for the year ended 31 March 2025
Company Number
04195808 (England and Wales)
Registered Office
Congress House
Lyon Road, Harrow
HA1 2EN
England
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Carole Spiers Group Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
11,585
15,030
Investments
147,800
167,800
Cash at bank and in hand
42,968
34,246
Creditors: amounts falling due within one year
(147,863)
(149,368)
Net current liabilities
(102,639)
(111,336)
Called up share capital
2
2
Profit and loss account
56,744
71,492
Shareholders' funds
56,746
71,494
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 December 2025 and were signed on its behalf by
C Spiers
Director
Company Registration No. 04195808
Carole Spiers Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Carole Spiers Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 04195808. The registered office is Congress House, Lyon Road, Harrow, HA1 2EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.
Investments are included at fair value.
Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Carole Spiers Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill
Carole Spiers Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
47,102
20,820
67,922
At 31 March 2025
47,518
20,820
68,338
At 1 April 2024
44,284
8,608
52,892
Charge for the year
808
3,053
3,861
At 31 March 2025
45,092
11,661
56,753
At 31 March 2025
2,426
9,159
11,585
At 31 March 2024
2,818
12,212
15,030
6
Investments
Other investments
Valuation at 1 April 2024
167,800
Valuation at 31 March 2025
147,800
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2025
2024
Loans from directors
137,522
143,254
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Carole Spiers Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
10
Transactions with related parties
At the balance sheet date, an amount of £137,522 (2024: £143,254) was owed to the director, C A Spiers. The loan is unsecured, interest free and repayable on demand.
During the year, the company paid the director, C A Spiers, a dividend of £5,000 (2024: £10,000).
The company is controlled by the director, C A Spiers, by virtue of her majority shareholding.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).